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Gold question......

silverman68silverman68 Posts: 542 ✭✭✭
in Precious Metals
I have some 1 ounce Credit Suisse bars sealed in plastic with the assay card.

My question: What are the small round pieces, in a seperate bag that are marked 1.82 dwt? Do they have any value?

Thanks members, I'm just not up on gold process.

Comments

  • OPAOPA Posts: 17,124 ✭✭✭✭✭
    1.82 dwt = .09 troy oz
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • silverman68silverman68 Posts: 542 ✭✭✭
    So, are those pieces actual 24k gold?
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Any chance for a picture? A quick google shows that's the exact amount of copper used in the otherwise pure gold 1 ounce Krugerrand.

    An odd weight, odd coincidence?
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • silverman68silverman68 Posts: 542 ✭✭✭
    Tried to add pic but it says file is too big, what now? thx
  • RedHerringRedHerring Posts: 2,077 ✭
    Compress the picture to a size that works.
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    Just join photobucket.com, upload the pic, copy and paste into the thread.image
    Becky
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    If you have any trouble, just PM me and I will help.
    Becky
  • silverman68silverman68 Posts: 542 ✭✭✭
    Thank you members for pics help.

    I found out that I have 8.49 grams of 24k gold nuggets. It was sealed with my gold bars with assay cert.
  • OPAOPA Posts: 17,124 ✭✭✭✭✭
    8.49 g = 0.272959 oz(troy) of nuggets ..... so how much can you get for, lets say, 1 oz of gold nuggets?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • silverman68silverman68 Posts: 542 ✭✭✭
    I believe Apmex charges spot for 1oz nuggets.
  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>I believe Apmex charges spot for 1oz nuggets. >>



    I don't think so...they may charge spot for "shot"....( .999 refined gold) but not for nuggets, which could be as low as .333 or less.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • gecko109gecko109 Posts: 8,231 ✭


    << <i>

    << <i>I believe Apmex charges spot for 1oz nuggets. >>



    I don't think so...they may charge spot for "shot"....( .999 refined gold) but not for nuggets, which could be as low as .333 or less. >>




    They charge a very tiny premium over spot on .999 shot. However, a decent 1oz gold nugget is a borderline collector's item due to its rarity. And even assuming it was in the range of 18-20 kt, would bring a premium to gold if sold in the correct venue.
  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I believe Apmex charges spot for 1oz nuggets. >>



    I don't think so...they may charge spot for "shot"....( .999 refined gold) but not for nuggets, which could be as low as .333 or less. >>




    They charge a very tiny premium over spot on .999 shot. However, a decent 1oz gold nugget is a borderline collector's item due to its rarity. And even assuming it was in the range of 18-20 kt, would bring a premium to gold if sold in the correct venue. >>



    Perhaps .... as we all know, there is a "sucker born etc etc"
    BTW show me a link for APMEX selling gold nuggets....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • gecko109gecko109 Posts: 8,231 ✭
    I never claimed that APMEX sells raw nuggets, they may from time to time as opportunities arise, but I dont think they actively stock them.

    My contention is that its a well known fact that a 1oz raw gold nugget is actually more rare than a 5ct diamond. Therefore, a market does exist on these "freaks of nature" due to their scarcity. I personally do not collect raw nuggets, but there are people who avidly pursue them.
  • OPAOPA Posts: 17,124 ✭✭✭✭✭


    << <i>I never claimed that APMEX sells raw nuggets, they may from time to time as opportunities arise, but I dont think they actively stock them.

    My contention is that its a well known fact that a 1oz raw gold nugget is actually more rare than a 5ct diamond. Therefore, a market does exist on these "freaks of nature" due to their scarcity. I personally do not collect raw nuggets, but there are people who avidly pursue them. >>



    Gecko...I meant for Silverman to show a link to APMEX ...
    How true...people will collect anything....one of my cousins collects rocks from every State that he's been in & plants them in his back yard around bushes or flower beds....( But now, he's not sure which rock belongs to what State ... the ink has washed off image)
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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